The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-02-16
Is Not as Good a Democrat as He
Is and He Does Not Toe
His Political Mark.
JUST TWO TENNESSEANS HAVE
ARRAYED THEMSELVES
Against the Deliberate Judgment OF
a Great Majority Of the
People Of the State.
BUT BOB WILL SURVIVE, THE
PEOPLE ARE With HIM.
: he Poor State Credit Again-The
State Prison and Branches
The Tennessee Midland.
ESPECIAL TO THE APPKAL.l


NASHVILLE, TENN, February 15.-
The marvellous and infinite expsnse
of brass displayed in Louis McWhir-
ter's interview, published here this
morning, has been the talk OF Nash
will all day, and, though the weather
has been Of the dreary and dismal
sort, Louis fish horn blast has kept
everybody laughing.
Prof. T. NJ. Smith, whom McWhirter
quoted as havirg said that the Gov
ernor had promised him (McWhirterl
the Coal Oil Inspectorship, says: II
never in my life asked the Governor
anything about any Of his appoint
ments. 1t is none of my business. /
never told Louis McWhirter or
anyone else that Governor
Taylor had told ms that
he was going to appoint
Mr.. McWhirter to the position of Goal
Oil Inspector. don't think that
McWhirter saw me on the day which
he says 1 told him this. went to
the theater that night with my
daughter, and went out to Mrs M
Cams, where l stayed that night. l
have been worried to know why Nc
Whittier wanted TO lug my name in.
to this matter. l shall publish card
in the american in the morning deny
ing the statement OF McWhirter.
INSPECTION OF THE PENITENTIARY AND
BRANCHEs.
The committee to inspect the State
penitentiary and the branch prisons
will leave the city next Tuesday for
East Tennessee. 1t is the purpose of
the committee TO charter special
sleeping coach for the accommodation
OF the members while visiting the
branch prisons, hotel accommodation
at the places being limited. Lewis,
Long, Norment and Garden will con-
stitute the committee on the part of
the Senate. The main prison at Nash
vile will be visited one day this week.
The committee will report the result
of their labors to the present General
Assembly. The committee will prob
ably be absent about ten days.
THE DISABLED SOLDIERS FUND.
A movement is on foot to hold, in
the early part OF May, a festival which,
in artistic brilliaucy, shall surpass all
former efforts in that direction, and
the proceeds of which shall 20 10 the
fund for the home of disabled Con-
federate soldiers. Many of our most
prominent ladies have taken the mat
ter in hand, snd will organize commit
tees during the week,
PROTECTING THE STATES CREDIT.
The following bills were Introduced
in the House today:
l.
An Act to provide for the refunding of the
States indebtedness at a lower rate OF in
terest.
SECTION l. Be Il enacted by the Gen.
eral Assembly of the State Of Tennessee,
That the Governor, Secretary of state,
Comptroller and Treasurer, acting as q
Funding Bosrd or Board of Com mis-
sioners, whenever any Of the bonds
OF the Stats bearing a higher rate Of
interest shall become rtdeemable at
the pleasure of the State, shall canse
to be issued bonds bearing such lower
rate Of interest as may be deemed
Advisable, and to run not more than
twenty years, for the purpose of re-
deemiDg and cancelliDg such higher
rate Of interest bearing bonds as the
State cannot otherwise redeem.
Sec. 2. Be 1t further enacted, Th at
before the issuance of said bonds it
shall be the duty Of said Board to ad-
vertise for thirty days in some one or
more newspa ers published in Nash
vile and New Yo k for sealed bids for
the purchase of the bonds 80 author
lied to be issued; provided, that no
bid shall be considered at less than par
for the bonds go sold.
SIC. 3. Be ii further enacted, That it
shall be the duty of said Board to sell
so many and no more of said lower
rate OF interest bearing bonds as may
be necessary to pay off all OF such
higher rate of interest bearing bonds
as may be redeemable under the pro-
visions Of the act authorizing their is
suance.
SKc. 4 Be Il further endcted, That 1t
shall be the duty OF said Board to can
Gel and file with the Comptroller all
such bonds as may be redeemed by
them under the provisions OF this act
and report their action to the follow
ing session OF the general assemble.
SEC. 5. Be IL further enacted, That
said Funding Board are hereby author
lied to have prepared a sufficient
number Of coupon bonds similar to
these now authorized 10 be issued by
the State, to refund such portion of the
State debt as may by them be deemed
fundable uuder this act. The cost of
the preparation of these bonds to be
paid out of the treasury upon tho war.
rant Of the Comptroller approved by
the Governor. Aud the Comptroller
shall be provided with a bond book
containing regularly Numbered dupli-
cate headings OF esch bond issued I'M
der this act, with the coupon blanks
attached, upon which each correspond
ing coupon when Gquidated shall be
placed.
SEC 6. Be Il further erdcLed, That the
Comptroller, Treasurer aud Secretary
of State shall receive the same COM
peneation for issuing bonds under this
act that they were authorized to re-
eeiVe under the funding act passed
March Is, 1883, and upon the same
terms, limitations and restrictions.
SEC. 7. Be u further enacted, That this
act take effect from and after its pas
sage, the pubic welfare requiring it.
ii. 1s ~ v.-e
An Act to Protect the credit Of the State and
Provide Sinking Fund for the Payment
Of the Principal Of the Debt at Maturity.